news update on the debt situation in UZBEKISTAN

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East-West Debt may 2005 news, update : UZBEKISTAN

We are pleased to present another issue of East-West Debt news update on the debt situation in the world. International events influence the solutions for solving overdue trade and bank debts. East-West Debt can offer our readers attractive financial solutions for solving non-performing trade and bank debts ...

... thanks to the expertise of our international network of experts. East-West Debt is an international financial company specialised in the recovery of overdue debt. To be successful to our clients, we give the highest priority to attractive creativity, quality and integrity for solving overdue debts in high risk countries.

East-West Debt offers financial solutions to multi-nationals, banks, governments, and insurance companies in solving overdue debts in high-risk countries in:

Africa,

the Middle East,

Eastern Europe,

Latin America,

South-East Asia.

For solving overdue debts, East-West Debt is using the following solutions:

debt equity swaps

debt for counter-trade

debt for debt swaps

debt collection

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debt recovery

defaulted emerging market debt

Uzbekistan news in short

The United States has frozen aid to Uzbekistan, because of what it calls a lack of progress in democratic reforms.
The US State Department said last July that Uzbekistan had made some encouraging progress over the past year on human rights, but Washington was disappointed by a lack of progress towards democracy.
Uzbekistan has received tens of millions of dollars in US aid since 2001, when, after the September 11 attacks, it allowed American forces to use an air base near the Afghan border.
Earlier this year, the European Bank for Reconstruction and Development (ERBD) also pulled aid to the country, citing slow reform and a dire human-rights record.

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